The 2008 Form 990 contains 16 schedules to be completed by those organizations that satisfy the requirements applicable to a particular schedule. These schedules replace the prior form’s schedules and attachments that previously had to be prepared and formatted by the filing organization. The following is a list and brief description of the new form’s schedules:
Schedule A, Public Charity Status and Public Support, to be completed by organizations described in section 501(c)(3) and 4947(a)(1) to provide information relevant to their status as public charities, including satisfaction of applicable public support tests on an ongoing basis;
Schedule B, Schedule of Contributors, to be completed by organizations to provide information regarding contributions they report as revenues;
Schedule C, Political Campaign and Lobbying Activities, to be completed by organizations that conduct political campaign activities, organizations described in section 501(c)(3) and 4947(a)(1) that conduct lobbying activities, and organizations subject to section 6033(e) notice and reporting requirements and potential proxy tax on certain membership dues, assessments and similar amounts;
Schedule D, Supplemental Financial Statements, to be completed by organizations to supplement certain balance sheet information, as well as conservation organizations, museums and other organizations maintaining collections, credit counseling organizations and others holding funds in escrow or custodial arrangements, and organizations maintaining endowments, donor advised funds, or other similar funds or accounts;
Schedule E, Schools, which is the private school questionnaire previously contained in former Schedule A;
Schedule F, Statement of Activities Outside the United States, to report the organization’s activities conducted outside the United States;
Schedule G, Supplemental Information Regarding Fundraising or Gaming Activities, which requires reporting by organizations that reported certain amounts of professional fundraising expenses, revenue from fundraising events, and revenue from gaming activities;
Schedule H, Hospitals, to be completed by organizations that operate one or more facilities licensed, registered or similarly recognized as a hospital under state law;
Schedule I, Grants and Other Assistance to Organizations, Governments and Individuals in the U.S., to report grants and other assistance provided by the organization to others within the United States;
Schedule J, Compensation Information, to be completed by organizations to provide more detailed compensation information for certain of the officers, directors, trustees, key employees, and highest compensated employees listed in Part VII of the core form, and report certain information regarding the organization’s compensation practices and arrangements;
Schedule K, Supplemental Information for Tax Exempt Bonds, to be completed by organizations with outstanding tax-exempt bond liabilities;
Schedule L, Transactions with Interested Persons, to be completed by organizations that engage in certain types of relationships or transactions with interested persons, including excess benefit transactions, loans, grants or other financial assistance, and other financial or business transactions or arrangements;
Schedule M, Non-Cash Contributions, to report contributions other than cash received by the organization;
Schedule N, Liquidation, Termination, Dissolution or Significant Disposition of Assets, to report major dispositions of assets by the organization;
Schedule O, Supplemental Information to Form 990, to be used by organizations to provide supplemental information to describe or explain the organization’s responses to questions contained in the core form or Schedules; and
Schedule R, Related Organizations and Unrelated Partnerships, to provide information regarding the organization’s relationships with other exempt and taxable organizations.
As described below, Schedules B and E request information unchanged from 2007. The 2007 Schedule A was substantially revised and separated into various parts that are now contained in Schedules A, C, E, and R. Schedules C, G, I, L, and N generally require information required by the 2007 form in unstructured attachments. Schedules D, F, H, J, K, M, O, and R are mostly or entirely new.
Many of the schedules or parts of schedules contain reporting exceptions or thresholds which may apply to exempt an organization from having to complete that schedule or part of a schedule. Organizations should complete Part IV, Checklist of Required Schedules, to determine which of these schedules they must file as part of the Form 990. Schedules P and Q are reserved for future use.